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QUESTION 4 0.4 points Save Ar The table represents the MPG corporation's costs of making quarts of gasoline additive. Note that MPG has total fixed

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QUESTION 4 0.4 points Save Ar The table represents the MPG corporation's costs of making quarts of gasoline additive. Note that MPG has total fixed costs of $7. Assume that the company can only produce whole numbers of output. Assume that MPG is a price-taking firm. Quantity Total Cost Marginal Cost 0 7 16 24 CO 31 7 39 8 NOUAW 49 10 61 12 75 14 If the selling price of the gasoline additive is $7.50 per quart, what will MPG's profits be if it makes a profit maximizing production decision? O -7.5 O 2 O -8.5 O -2 Save All Answers Save and Submit Click Save and Submit to save and submit. Click Save All Answers to save all answers

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